Friday, 2 June 2017

Long long ago Uncle8888's friendly broker offered him promotional rate margin account so he could leverage up to make more money. But; he asked back his broker why he needed that margin account when he still had plenty of cash and CPFIS rotting. You tell me why I need one?

If you ever did time in army, you'll know that those sh_t-heavy thousand rounds of ammo & grenades & missiles aren't "rotting". You may curse & swear when having to hump a few hundred klicks with those bastards. But when sh_t hits the fan, you wish you had carried more of those bastards. :) :)

Anyway if you can get 2+% returns on your ammo while you wait, it still beats inflation.

No. of Visitors

Total Pageviews since May 2006

About Me

I am 60+ yrs old uncle living in HDB heartland who has retired @ 60 on 30 Sep 2016.
I have been doing long-term investing and short-term trading in Singapore stock market only since Jan 2000 and now becoming full-time retail investor. So I am that Panda or Koala in the investment world; but I am still surviving well in the wild.
I have two sons and one daughter; two working adult children and the youngest son is currently in his 1st year SUTD.
I am currently executing my Three Taps solution model to maintain sustainable retirement income for life till 2038
Cheers!
Last updated: 16 Oct 2016

Disclaimer

Disclaimer: Stock trading involves significant risks. Create Wealth trader is not a licensed Investment Adviser and will not be responsible for any losses which you incurred. You are advised to always do your own homework before making any trading decision.